Waystar Holding (WAY) Interest Coverage Ratio (2023 - 2026)

Waystar Holding's (WAY) quarterly Interest Coverage Ratio came in at 3.89 in Q1 2026, up 19.1% year-on-year from 3.27 in Q1 2025, and up 77.98% quarter-over-quarter from 2.19 in Q4 2025.

Waystar Holding (WAY) Interest Coverage Ratio (2023 - 2026) Analysis & Trends

Waystar Holding's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 3.89 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 19.1% year-over-year to 3.89 in Q1 2026; TTM through Mar 2026 was 3.17, a 124.87% increase from a year earlier, with the FY2025 full-year figure at 1.87, up 120.97% from the prior year.
  • Interest Coverage Ratio advanced to 3.89 in Q1 2026 per WAY's latest filing, from 2.19 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 18.59 in Q2 2023 and bottomed at 0.16 in Q2 2024.
  • The 4-year median for Interest Coverage Ratio is 2.94 (2023), against an average of 3.66.
  • Across the five-year window, Interest Coverage Ratio plunged 99.12% in 2024 and soared 2077.48% in 2025, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 3.24 in 2023, then decreased by 18.28% to 2.65 in 2024, then dropped by 17.37% to 2.19 in 2025, then jumped by 77.98% to 3.89 in 2026.
  • Per Business Quant, the three latest WAY Interest Coverage Ratio figures stand at 3.89 (Q1 2026), 2.19 (Q4 2025), and 3.44 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Veeva Systems 31.81 Bn 24.49 Bn 662.02 Mn 0.94
2 BrightSpring Health Services 14.76 Bn 13.86 Bn 482.22 Mn 2.04
3 Healthequity 8.36 Bn 8.10 Bn 256.31 Mn 4.12
4 Hinge Health 5.91 Bn 5.60 Bn 154.23 Mn 0.80
5 10x Genomics 5.89 Bn 5.35 Bn 106.18 Mn -0.98
6 MiniMed 4.45 Bn 4.16 Bn 480.00 Mn -8.45
7 Waystar Holding 4.41 Bn 4.35 Bn 216.84 Mn 3.89
8 Doximity 3.93 Bn 3.18 Bn 125.97 Mn 40.30
9 Privia Health 3.10 Bn 2.68 Bn - 0.09
10 Omnicell 1.89 Bn 1.65 Bn 140.36 Mn 1.61

Historic Data

Download Data
DateValue
Mar 31, 2026 3.89
Dec 31, 2025 2.19
Sep 30, 2025 3.44
Jun 30, 2025 3.55
Mar 31, 2025 3.27
Dec 31, 2024 2.65
Sep 30, 2024 1.47
Jun 30, 2024 0.16
Mar 31, 2024 0.87
Dec 31, 2023 3.24
Sep 30, 2023 0.63
Jun 30, 2023 18.59